03

Dec

Apex industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) Thursday launched a drive to mobilize funds from its four lakh plus member organizations across India to come forward and contribute generously to provide rescue, relief and rehabilitation to victims of the incessant rains and floods in Chennai.

We have urged our members, colleagues and common individuals to come together for generously donating to the Prime Ministers and Chief Ministers Relief Fund and extend quick and maximum help to the affected people in this hour of extreme crisis as the heavy rains have wreaked a havoc in Tamil Nadu, more particularly in Chennai and adjoining areas, ASSOCHAM here said.

The torrential rains have caused massive human and property loss, our generosity will make a direct and meaningful difference to the lives of those affected. It is a serious matter and we need to work together to come out of this difficult time, it said.

As per quick and rough estimates of ASSOCHAM Research Bureau, financial losses due to record breaking rainfall in Chennai and several parts of Tamil Nadu may even exceed Rs 15,000 crore mark.

Apart from trade and industry, it is the common people. small and medium enterprises (SMEs) and auto ancillary units that have been worst affected by this catastrophe. ASSOCHAM has also urged the central government to immediately announce a suitable relief and rehabilitation package and come to the rescue of the state inhabitants and the industry in Tamil Nadu in this hour of extreme crisis.